The industrial development of the bifacial solar module over the last few years represents one of the most significant events in the world of photovoltaic systems. Today, this technology constitutes one of the most promising trends in the global solar market. During Intersolar South America, Convert will present its bi-facial tracker, an innovative solution to gain more solar energy from the panels.
According to the latest market forecast published by Wood Mackenzie, it seems that global PV installation figures will rise to 125 GW per year from 2020. Continued global capacity expansion will come in through a growing gigawatts-club.
Next up in pv magazine‘s unsung solar markets series is Brazil, where a new series of auctions for solar has provided much needed clarity to the sector, at least up until 2021.
Although the volume has not been disclosed, selected projects in this new auction will be awarded a 19-year PPA.
Analysts have scrutinized the result of the recent A-4 auction which delivered, in theory, the world’s lowest price for solar electricity from an energy procurement exercise. The two plants in question, however, will sell 70% and 50% of their output outside the power deal signed in the auction.
While Spain, Sweden, Ukraine and Brazil attracted more funds than last year, China’s transition to an auction-based procurement system and slow performance overall in Europe saw worldwide backing decrease. BloombergNEF does expect investments to ramp up in the second half, however.
The developer has announced a major portfolio acquisition. London-based Lightsource says it has acquired 1.9 GW of solar generation capacity in various stages of development from Brazilian developer Enerlife.
Chinese module maker Trina Solar has announced a partnership with the distributor to bring its new mono PERC modules to Brazil’s fast-growing distributed generation market.
Cracking the two-cent-mark as a global standard for PV appears within sight as projects in the U.S. and Brazil have been signed below that threshold. Just two years ago the industry celebrated sub-three-cent bids in the MENA region. Prices have come down so quickly, however, the new records are another third cheaper.
Brazilian energy agency the EPE has pre-qualified 1,829 renewable power projects with a combined capacity of 100.8 GW for the procurement exercise. The A-6 auction is expected to be the largest in terms of allocated capacity and to deliver lower bids than previous rounds.
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